While rates may not decrease, the significant double-digit increases should level off.

@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.

Its a nice little cheat/loophole on the mortgage side that can help afford a larger home pice and increase your chances of getting a home or other loans.If you have any questions feel free to reach out I am always happy to help and go over the basics.

In beach markets, in ground pools tend to increase revenue 20% or so. 

Throw in that you can dramatically increase the value of the property once you show consistent rent rolls much higher than when the space was used for LTR, and you have a big win. 

Pros - guaranteed rent, tenants stay longer on averageCons - more mgmt needed (lease violations), they tend to not take great care of properties (increase maintenance expense or deferred maintenance)

Prices have increased (higher terms/rates) as the fed rate has gone up so you have seen people who could get 8 or 9% now in double digits.

I recommend you do this annually to adjust for utility increases and other variables.

FYI, a Cost Segregation Study will "not" increase your chances of an IRS audit.

A prior cost segregation study increases the depreciation taken during the owner’s lifetime, lowering taxable income each year.